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Market this week 12-11-2022
Market this week 12-11-2022
Despite smaller provisions, the Q2 net disappoints the street, sending LIC Housing down 10%. On November 2, shares of LIC Housing, the nation’s second-largest provider of housing finance, achieved a 10-percent decline, marking the company’s steepest decline in more than two years. The 23 percent year-over-year increase in net profit at Rs 305 crore appears to have disappointed market players, as…
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LIC Housing, Ahmedabad by BV Doshi
LIC Housing, Ahmedabad by BV Doshi
LIC Housing designed by Architect BV Doshi in Ahmedabad in 1973. The scheme, known locally as Bimanagar, consists of 324 units organized in a duplex terraced unit scheme on 54 plots. The initial development was focusing on the efficient provision of sites and services with a phasing plan for growth. The lower units are around 200 sq. yds and cost 70-80 Lakhs; the second level is 120 sq. yds and…
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Board Meetings Today: LIC Housing, NOCIL, Suzlon, IRB Infra and Globus Spirits
Board Meetings Today: LIC Housing, NOCIL, Suzlon, IRB Infra and Globus Spirits
Corporate actions can often hold a lot of cues not just about how a business is doing but also how the stock is going to perform in the near term. There are corporate actions that often bring material changes to a company, directly affecting stakeholders.
These may be monetary as well as non-monetary. Which is why it makes sense to have a look at the corporate agendas for the day’s as announced…
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LIC Housing Finance likely to recover Rs 3,000 crore worth NPAs
LIC Housing Finance likely to recover Rs 3,000 crore worth NPAs
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LIC Housing Finance is likely to recover about Rs 3,000 crore from borrowers in the current financial year to improve asset quality, an uphill task in a year when the Indian economy is expected to contract.
The target is to get back about 50 per cent of gross non-performing assets (GNPAs), Managing Director and Chief Executive Siddhartha…
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Lenders include COVID-19 query to clear home loan applications
Lenders include COVID-19 query to clear home loan applications
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BENGALURU: In the wake of the COVID-19 pandemic, some banks and financial institutions have started seeking details relating to possible layoffs and pay cuts in companies where the personal and housing loan applicants work. A new column has been added to the loan applications by such lenders asking these questions.
“We ask the applicants about the layoffs, pay cuts and losses in business…
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Buy Idea, LIC Housing, Avoid Kaveri Seeds: Manav Chopra
Buy Idea, LIC Housing, Avoid Kaveri Seeds: Manav Chopra Manav Chopra, head technical analyst at Networth Stock Broking, says the Nifty has managed to find support at 7,850 and after some consolidation around 7,940-7,970, the index could take out 8,100-8,15... from NDTV News - Profit Top Stories http://ift.tt/1OwSQPZ
